Storm
EMB: Company market lags behind Lloyd's on commercial performance
Commercial property insurance rates are unlikely to rise significantly any time soon despite attempts by some companies to talk up the market, according to an assessment by actuarial consultancy EMB.
Willis chair: risk models can help alleviate poverty
The scientific models used by the insurance industry to assess the financial risks of extreme weather events could help governments and aid agencies develop new approaches for sustainable development and poverty alleviation, according to Rowan Douglas,…
Munich Re CEO warns over risk pricing after years of low losses
The long-term trend towards ever higher natural catastrophe costs continues, according to Munich Re, which has warned of complacency over risk pricing.
Munich Re CEO warns over risk pricing after years of low losses
The long-term trend towards ever higher natural catastrophe costs continues, according to Munich Re, which has warned of complacency over risk pricing.
Results: Rollercoaster results characterise Q1 2010
As first-quarter results emerged around the globe in May, we have seen some clear winners and losers with many suffering from heavy catastrophe losses, writes Katherine Blackler.
Aon Benfield: Reinsurance capital reaches record rates
Reinsurer capital rose to record $434bn (£295bn) despite the Chilean earthquake and European windstorm Xynthia, the Aon Benfield Renewals Update report has revealed.
European windstorm estimate downgraded
Perils AG has today disclosed its second loss estimate for Windstorm Xynthia, which occurred at the end of February 2010.
Bangladesh, Indonesia and Iran top natural disaster ranking
Bangladesh, Indonesia and Iran have been rated as the nations most at risk from extreme weather and geophysical events according to a new study ranking 229 countries on their vulnerability to natural disasters.
Met office predicts active hurricane season
Early indications show it could be an active year for the North Atlantic tropical storm season, according to The Met Office’s initial forecast for the season, expected within the next month.
Munich Re most protected from earning volatility claims Fitch
The recent capital markets crisis has created considerable challenges for European reinsurers seeking to minimise the volatility seen in their financial results over the past few years, according to Fitch Ratings.
Munich Re most protected from earning volatility claims Fitch
The recent capital markets crisis has created considerable challenges for European reinsurers seeking to minimise the volatility seen in their financial results over the past few years, according to Fitch Ratings.
Munich Re issues $80m cat bond
Munich Re has obtained cover for US hurricane and European windstorm risks amounting to $80m from Irish SPV EOS Wind, which placed a catastrophe bond in the market.
Hannover Re non-life book hit by major losses
Hannover Re has reported what it described as "vigorous premium growth" in the first quarter of 2010.
Hannover Re non-life book hit by major losses
Hannover Re has reported what it described as "vigorous premium growth" in the first quarter of 2010.
QBE CEO content with alllowances for large claims after $470 Q1 hit
QBE has revealed that its estimated large risk and catastrophe claims, which are defined as net claims of $2.5m and above, for the year to date are $470m. This compares with an estimated net $430m for the same period in 2009.
QBE CEO content with alllowances for large claims after $470 Q1 hit
QBE has revealed that its estimated large risk and catastrophe claims, which are defined as net claims of $2.5m and above, for the year to date are $470m. This compares with an estimated net $430m for the same period in 2009.
Overall Xynthia loss put at Euros 1.28bn
Perils AG today disclosed its initial loss estimate for Windstorm Xynthia, which occurred at the end of February 2010.
Novae predicts $10-15m earthquake loss
Lloyd's insurer Novae Group today announced initial estimates of losses from the Chilean earthquake and from Windstorm Xynthia.
Beazley latest Lloyd's insurer to give first quarter nat cat estimates
Beazley today announced its estimated net losses arising from the earthquake in Chile over the weekend of 27 to 28 February 2010 to be in the range of $55m to $75m.
Omega puts Chilean quake loss at $23m
Omega Insurance Holdings today announced that it has completed its initial estimate of losses arising from recent major catastrophe events - the Chilean earthquake and European windstorm Xynthia.
Omega puts Chilean quake loss at $23m
Omega Insurance Holdings today announced that it has completed its initial estimate of losses arising from recent major catastrophe events - the Chilean earthquake and European windstorm Xynthia.
A$650m of Australian storm claims lodged
Claims have been rolling in from the storms that hit the Western Australian state capital or Perth on 22 March
Chaucer outlines windstorm and earthquake estimates
Chaucer today it had completed its estimate of losses from the Chilean earthquake and European Windstorm Xynthia.
Chaucer outlines windstorm and earthquake estimates
Chaucer today it had completed its estimate of losses from the Chilean earthquake and European Windstorm Xynthia.